I think A but not 100% sure
The total fixed cost should equal $1000.
<h3>What is the total fixed cost?</h3>
The first step is to determine the average fixed cost. The average fixed cost can be determined by subtracting the average variable costs from average total costs.
$70 - $60 = $10
Total fixed cost is the product of average fixed cost and output
100 x $10 = $1000
To learn more about cost, please check: brainly.com/question/26502221
Answer:
The price of the shoes will increase.
Explanation:
It is supply-and-demand. In this case, the supply is low but the demand is high so the store(s) have to raise the prices.
<u>Answer:</u>
<u>Explain forecasting</u>
<u>Explanation:</u>
This implies that I will have to let the other person know that it possible to judge how successful a project would be by doing what is called forecasting.
Forecasting allows one to project to a <em>reasonable extent</em> what the success level of a project would be, especially in terms of it's revenue, overall expenses before the project is carried out. A good forecasting tool is Forecast web application which provides future estimates of budget and task duration.
Answer:
Accounting profit = $45,000
Economic profit = $5,000
Explanation:
The computation of accounting profit and economic profit is shown below:-
Accounting profit = Sales - External expenses
= $75,000 - $30,000
= $45,000
Economic profit = Accounting profit - Implicit cost
= $45,000 - $40,000
= $5,000
Therefore for computing the accounting profit and economic profit we simply applied the above formula so that each one could arrive
